Polymer stabilizers are added in polymers to prevent the degradation of polymers during processing. Polymers are commonly exposed to heat, cold, and UV radiation, and can change their physical form due to such extreme conditions. Polymer stabilizers protect the polymer during processing and ensure that the end products retain their physical properties during use, lengthening the lifespan.
The United States polymer stabilizers market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the US polymer stabilizers market is growing at a fast pace and increasing its geographical footprint rapidly. The US polymer stabilizersmarket is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The substitution of conventional materials with plastics in various end-use industries is expected to magnify the growth of the polymer stabilizer market. Plastic can be considered as a powerful replacement of the wood, metal, and glass in major industries such as automotive, construction, and agriculture. Hence, the aforementioned factors have played a major role in uplifting the growth of the polymer stabilizer market in the US. Additionally, increasing usage of hindered amine light stabilizer (HALS) in the packaging industry is also expected to drive the market growth.
The major hindrance in the growth of the US polymer stabilizer market is the high manufacturing cost of the light stabilizer. The materials used for the production of light stabilizers are highly volatile.
Polymer stabilizer has remarkable usage across all major regions in the US including west, southwest, northeast, southeast, and mid. These regions serve large number of manufacturers and are hence responsible for the growth of polymer stabilizer market. The leading local and global manufacturers in the US polymer stabilizer market are Albermarle Corporation, ADEKA USA Corporation, Baerlocher GmbH, BASF SE, Songwon Industrial Co., Ltd., and so on.
Research Methodology
The research procedure begins with the bifurcation of various market segments of the USA polymer stabilizer market, followed by detection of factors affecting the growth each segment. Then, the market forecasts were built based on the inputs given by the business leaders across polymer stabilizer industry value chain. Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations. This allowed a 360 view of the industry dynamic. Market Krystal held more than 30 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
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